Sportsbooks With The Fastest Payouts

MatchPay Withdrawals For Sports Betting

MatchPay is a service that makes requesting legal sportsbook payouts simple, for any bettor that has a P2P service account. This method is offered at Bovada Sportsbooks and connects two bettors and allows them to buy each other’s bankroll betting credits. For example, if one bettor was trying to withdraw, they would find somebody using MatchPay for sports betting that wanted to deposit. The two bettors would agree on an amount, and the bettor wanting to deposit with send their own money through the P2P service to the fellow Bovada player. After this money transfers, Bovada will transfer the actual betting credits between the two accounts. Withdrawing with this method has a $20 minimum and $1,000 maximum. This service can be used with the P2P platforms below:

• Cash App
• PayPal
• Venmo
• Zelle
• Apple Pay
• Chime

Check By Courier

The alternative to all of these fancy electronic payout methods is the standard check by courier sent through snail mail. This is a physical check addressed to the bettor that is sent through the mail from the sportsbook. Sometimes, the old way can be the best way of doing things, but that is not true in this case. Getting sportsbook payouts via check by courier can sometimes take as long as 15 business days or three weeks to arrive. There is also the added worry of the check getting lost in the mail, or destroyed before you have the opportunity to cash it. When compared to other payouts like Bitcoin, check by courier is significantly slower, more complicated, and inefficient. Check by courier payouts should only be used if none of the other options are viable whatsoever.

Person To Person

Person-to-person payout methods allow one player to transfer some of their winnings directly to another player, usually with no additional fees. Popular person-to-person money services include Western Union, MoneyGram, RIA, and even one literally called Person-to-Person. These transfers can take up to five days to process, although they usually process in two to three. Minimum and maximum withdrawals tend to be roughly equal to other payout methods, although this varies depending on which sportsbook you use. You can also use person-to-person to have a sportsbook send your account funds to you through a participating retailer like Walmart, where you can withdraw said winnings in cash. For bettors unfamiliar or uncomfortable with Bitcoin, person-to-person withdrawal makes a good deal of sense.

Prepaid Cards

Prepaid gift cards are not offered by all online sportsbooks as a valid withdrawal method (as books prefer to use crypto whenever they can), but you will see it at select books. As credit cards cannot be used for payouts, prepaid cards are sometimes the best alternative. Oftentimes, an online sportsbook will provide their own prepaid card that can be reloaded as needed, or the cashier will work with select card issuers to offer other options. In either instance, the funds are sent directly to your card, which can then be used at ATMs and other locations. Prepaid card payouts are processed within 72 hours on average.